Expected Dividend definition

Expected Dividend means USD 0.135 per Share per calendar quarter based on a quarterly dividend payment date expected to occur on July 2, 2013, October 8, 2013 and January 7, 2014 (each, an “Expected Dividend Payment Date”) with an expected ex-dividend date of June 11, 2013, September 17, 2013 and December 13, 2013, as applicable (each an “Expected Dividend Ex-Dividend Date”).
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Expected Dividend means 100 per cent. of the cash dividend which is expected to be paid by an issuer of a share as at an ex dividend date for any share. The amount of the Expected Dividend in respect of any such share shall be either (i) the amount declared by such issuer, or if no such amount is declared, then (ii) an amount calculated by the Basket Sponsor with reference to appropriate industry sources, or if no appropriate industry sources are available to the Basket Sponsor, then (iii) the Basket Sponsor will use the Actual Dividend paid by the issuer of such share for the corresponding period in the previous year. The Expected Dividend shall be the amount payable before deduction of any withholding or deduction for or on account of any tax which would have been made by or on behalf of such issuer in respect of the dividends, but not taking into account any associated tax credit arising under the law of the jurisdiction of such issuer) and shall not include rights issues, share dividends or any other form of non-cash dividends or rights. The Expected Dividend shall include any extraordinary or bonus dividend or other cash distribution as long as such dividend or distribution does not exceed 10 per cent. of the last cum-dividend Trading Price of the relevant share constituting the Basket but subject as provided in Section 8 (Other Adjustments) below;
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Expected Dividend means the aggregate cash dividends for which a record date is expected to occur during the six-month periods ending May 1 and November 1, initially equal to A$0.015 per semi-annual period per Ordinary Share (or A$0.06 per ADS), except that the Expected Dividend for the period beginning on the Issue Date of the SynDECS and ending on May 1, 2004 is A$0.015 and the Expected Dividend for the period beginning November 1, 2008 is initially zero. If the Threshold Appreciation Price is adjusted for a dividend differential as set forth in Paragraph 6(b) hereof, the Expected Dividend for the periods after such adjustment shall, to the extent described in such Paragraph, be reset to equal the Declared Dividend for the period in which the adjustment to the Threshold Appreciation Price is made. If as a result of any Adjustment Event or dilution adjustment (or any combination thereof) referred to in Paragraph 7 or 8 hereof the ADSs underlying the SynDECS are adjusted to include the securities of an issuer other than News Corporation or of more than one issuer (whether or not including News Corporation), then such adjustment shall apply with respect to any cash dividends to which the successor or additional securities of the applicable issuer(s) are entitled and the Calculation Agent shall adjust the amount of the Expected Dividend after the relevant event.
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Examples of Expected Dividend in a sentence

  • Early Ordinary Dividend: If an ex-dividend date for any dividend or distribution on the Shares occurs during any calendar quarter occurring (in whole or in part) during the Relevant Dividend Period and such ex-dividend date occurs prior to the Expected Dividend Ex-Dividend Date for such calendar quarter, the Calculation Agent shall make such adjustments to the Forward Price as the Calculation Agent determines appropriate to account for the economic effect on the Transaction of such event.

  • If a payment date for any dividend or distribution on the Shares occurs during any calendar quarter occurring (in whole or in part) during the Relevant Dividend Period and such payment date occurs prior to the Expected Dividend Payment Date for such calendar quarter, the Calculation Agent shall make such adjustments to the Forward Price as the Calculation Agent determines appropriate to account for the economic effect on the Transaction of such event.

  • Initial Forward Price: $46.60 per Share Forward Price: As of any day, the Initial Forward Price plus the Forward Interest Amount minus the Expected Dividend Amount.

  • If (i) 100% of the aggregate gross cash dividends per share of Common Stock (including any cash extraordinary dividends) declared by the Company and for which the ex-dates are scheduled to occur during any calendar quarter in the Pricing Period exceeds the relevant Expected Dividend Amount or (ii) an ex-date occurs for any ordinary cash dividend prior to the Scheduled Ex-Date therefor, a Dividend Event shall be deemed to have occurred.

  • If the total cash dividends on the Ordinary Shares in respect of which a record date occurs during the six-month periods ending May 1 and November 1 of any year (the "Declared Dividend") differ from the Expected Dividend, an event referred to as a "Dividend Adjustment Event," adjustments shall be made, at the option of the Company, either to the interest payable on the SynDECS or to the Threshold Appreciation Price (or, under certain circumstances described below, to both).


More Definitions of Expected Dividend

Expected Dividend means 100 per cent. of the cash dividend which is expected to be paid by an issuer of a share as at an ex dividend date for any share. The amount of the Expected Dividend in respect of any such share shall be either (i) the amount declared by such issuer, or if no such amount is declared, then (ii) an amount calculated by the Basket Sponsor with reference to appropriate industry sources, or if no appropriate industry sources are available to the Basket Sponsor, then (iii) the Basket Sponsor will use the Actual Dividend paid by the issuer of such share for the corresponding period in the
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Related to Expected Dividend

  • Accumulated Dividends means, with respect to any share of Preferred Stock, as of any date, the aggregate accumulated and unpaid dividends on such share from the Issue Date until the most recent Dividend Payment Date on or prior to such date. There shall be no Accumulated Dividends with respect to any share of Preferred Stock prior to the first Dividend Payment Date.

  • Permitted Dividend has the meaning provided in Section 6.1(d).

  • Expected Distributions means, with respect to the Certificates of any Trust on any Current Distribution Date, the difference between (A) the Pool Balance of such Certificates as of the immediately preceding Distribution Date (or, if the Current Distribution Date is the first Distribution Date after the date of issuance of such Certificates, the original aggregate face amount of the Certificates of such Trust) and (B) the Pool Balance of such Certificates as of the Current Distribution Date calculated on the basis that (i) the principal of any Non-Performing Equipment Notes held in such Trust has been paid in full and such payments have been distributed to the holders of such Certificates, (ii) the principal of any Performing Equipment Notes held in such Trust has been paid when due (whether at stated maturity or upon prepayment or purchase or otherwise, but without giving effect to any Acceleration of Performing Equipment Notes) and such payments have been distributed to the holders of such Certificates and (iii) the principal of any Equipment Notes formerly held in such Trust that have been sold pursuant to the terms hereof has been paid in full and such payments have been distributed to the holders of such Certificates. For purposes of calculating Expected Distributions with respect to the Certificates of any Trust, any Premium paid on the Equipment Notes held in such Trust which has not been distributed to the Certificateholders of such Trust (other than such Premium or a portion thereof applied to the payment of interest in respect of the Certificates of such Trust or the reduction of the Pool Balance of such Trust) shall be added to the amount of such Expected Distributions.

  • Ex-Dividend Date means the first date on which shares of the Common Stock trade on the applicable exchange or in the applicable market, regular way, without the right to receive the issuance, dividend or distribution in question, from the Company or, if applicable, from the seller of Common Stock on such exchange or market (in the form of due bills or otherwise) as determined by such exchange or market. For the avoidance of doubt, any alternative trading convention on the applicable exchange or market in respect of shares of the Common Stock under a separate ticker symbol or CUSIP number will not be considered “regular way” for this purpose.

  • Preferred Dividends means, with respect to any Person, dividends or other distributions which are payable to holders of any Equity Interests in such Person which entitle the holders of such Equity Interests to be paid on a preferred basis prior to dividends or other distributions to the holders of other types of Equity Interests in such Person.